A credit card’s purpose is unlimited. You can use it for shopping, food payments, hospital bills, utility bills and so much more. And credit card has no geographical restriction, it is a free bird, can be used anywhere at no particular time and it doesn’t have a lot of conditions and restriction on its usage, which makes it even more attractive and privileged.
Why is paying bills via credit is a good option?
Rewards and discounts: A dazzling feature of the credit card is its rewards and discounts. Every time purchase or transfer is made, certain points are added to the credit card and are extremely beneficial if your paying bills because the rewards and offers keep increasing, the more you use them.
Keeps track of your expenses: one major disadvantage of cash that takes advantage of human quality is the easy ability to forget. So more often, we don’t remember why the money you took on last Wednesday is now absent. You don’t have that problem if a direct credit card is used to pay bills. You have a record of expenses in written format, that can be looked at easily without having to whack your brain.
Automatic bill payment: Just like Netflix and Amazon prime which show you the remainder every other month to pay for it, the credit card used for paying bills can be made that way credit card without due pays the necessary money to the seller on time.
Convenience: one of the huge plus points of using and owning a credit card is its convenience, they are protected, safe and secure and are palm-sized, no need for worrying, and can be easily paid with a single swipe.
Ways you can use your credit card for bill payments
Net banking
Net banking is today’s kind offer in paying the bank or any other merchant online directly from the bank, just like withdrawing cash to pay for school or college fee, except in here you don’t need to visit the bank or withdraw money, you can just pay the fee in merely few clicking. And paying for utilities using credit cards for net banking is no different from school fee payment or transferring the amount from one account to another. The money you’ve withdrawn is just added to the amount borrowed.
Amazon
Amazon pay has reached great heights in helping its customers pay utility bills. But unlike net banking this doesn’t come with the bank., you have to register for Amazon UPI, then you can avail yourself offers on paying the gas bill, electricity bill, so on and so forth. A credit card comes in the part that where you register the card with amazon and using that card you transfer money to the agency.
Paytm/phone pe/Gpay/mobikwik The above mentioned are mobile applications that help to pay bills, money transfers, and other forms of payments. They are just like net being but only much easier, with minimum stress, and all you have to do is download the app and enter your credit card details, all that required is to scan or enter the code of your merchant and enter few passwords, voila your payment is done.
Conclusion
Allahabad bank credit card is a fine gleaming card that can be used to pay any type of transaction in minutes. Credit cards are stress-free and flexible but a credit card requires its fair share of attention too. You have to pay the dues on time, pay the additional charges that come with it without delays, and without overspending the money. You should always maintain a low credit utilization rate (CUR) and have a good CIBIL score with a decent credit report.
Also read this: How To Decide The Down-Payment For A Car During A Car Loan